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Matthew Plomin
Mehen
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Community Reviews across funding rounds
Matthew Plomin Proposals (8)
The Immutable Research Institute
Solution: We are in the process of starting a non-profit entity that will educate about blockchain and advocate for favorable legislation.
IRI: Educating Crypto Regulators
Solution: We have formed a non-profit entity that will hold events and share resources about how to properly understand crypto and blockchain.
Mehen: USDM State Regulatory Fees
Solution: MUSD will be the 1:1 fiat-backed, directly-convertible stablecoin built for and by the Cardano Community.
Fiat-backed coin issuers need state money transmitter licenses. This proposal pays state fees
Mehen: Onboarding Assistance
Solution: Mehen wishes to lower the barrier to entry unbanked creators and investors face by subsidizing the cost required to enter the Mehen ecosystem, including background check and ID verification expenses.
Mehen: Fiat-backed Stablecoin USDM Quick Pitch
Solution: Mehen is working with the community to build a Cardano Native Asset stablecoin, USDM.
USDM uses stablecoin best practices: fully-backed 1:1 with high-quality, liquid, transparent, audited USD assets.
Cardano Privacy Alliance - Creating interoperability standards for KYC/AML within DIDs on Atala Prism
Solution: We'll form the Cardano Privacy Alliance, setting standards for interoperable KYC/AML checks across Cardano projects, leveraging Atala PRISM to safeguard privacy and minimize data collection.
USDM: Fiat-Backed STABLECOIN - by Mehen: Cardano's Premiere Fiat-backed Stablecoin
Solution: Mehen is actively building USDM - A 1:1 USD licensed fiat-backed stablecoin with oversight, & decentralized reserves verification; prioritizing integrity, transparency, and reinvestment into Cardano.
Serve remittance use cases through Lirium's institutional API and Mastercard Crypto Credentials
Solution: Lirium, will integrate Cardano to enhance remittances, providing users with cost-efficient cross-border payments and driving financial inclusion using Mastercard's Crypto Credentials capabilities.
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